I'm relatively new to this, but EURUSD looks like it might be oversold according to the RSI. Does anyone else think it's likely to bounce back up a bit soon? I'm not sure if I should buy now or wait for further confirmation. Any thoughts from more experienced traders?
Update: I'm also seeing that the price is near S2 pivot point. Does that make a bounce even more likely, or is it just wishful thinking on my part? Maybe I should just stick to my day job lol.
